SEC Form 4 · accession 0000950138-16-001451
EMERSON ELECTRIC CO · EMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank J Dellaquila
Officer — Exec. VP and CFO
Period of report
Nov 1, 2016
Accepted (ET)
Nov 3, 2016 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000032604
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Nov 1, 2016 | A | 34,915 | — | A | 139,467 | D | |
| Common StockF2 | Nov 1, 2016 | A | 20,000 | — | A | 159,467 | D | |
| Common Stock | holding | — | — | — | 8,442 | I | Spouse | |
| Common StockF4 | holding | — | — | — | 56,486 | I | FJD 2012 Gift Trust | |
| Common StockF5 | holding | — | — | — | 75,315 | I | SRD 2012 Gift Trust | |
| Common Stock | holding | — | — | — | 353 | I | 401(k) plan | |
| Common Stock | holding | — | — | — | 1,415 | I | 401(k) excess plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF6,F2,F7 | — | Nov 1, 2016 | A | 44,720 | A | — | — | Common Stock | 44,720 | 44,720 | D |
Explanation of responses
- F1Acquisition of 34,915 shares pursuant to Rule 16b-3 upon payout of 60% (67,080 units) of earned performance share award under shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended September 30, 2016. Of these 67,080 units, 34,915 units were paid in shares of Issuer stock, with the remaining 32,165 units paid in cash to cover the reporting person's tax obligations.
- F2Price is not applicable to acquisitions described in Notes 1, 3 and 6.
- F3Grant of restricted stock under shareholder approved benefit plan exempt pursuant to Rule 16b-3(d).
- F4Grantor trust for the Reporting Person with the Reporting Person's spouse and descendants as its beneficiaries. The Reporting Person is the trustee of The FJD 2012 Gift Trust.
- F5Grantor trust for the Reporting Person's spouse with the Reporting Person's descendants as its beneficiaries. The Reporting Person and the Reporting Person's spouse are co-trustees of The SRD 2012 Gift Trust.
- F6Acquisition of 44,720 restricted stock units pursuant to Rule 16b-3 upon payout of 40% of earned performance share award under shareholder-approved benefit plan described in Note 1. The restricted stock units are subject to a one-year vesting period.
- F7Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.